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Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Cardano Foundation Partners With World’s Largest State-Owned IT Company

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The Cardano Foundation has announced a strategic partnership with SERPRO (Serviço Federal de Processamento de Dados)—the world’s largest state-owned information technology company and Brazil’s primary provider of government technology solutions. The collaboration, publicized in a press release issued on March 6, 2025, promises to advance blockchain-based innovation, digital infrastructure, and education for the country’s federal administration. Cardano founder Charles Hoskinson celebrated the news on X, saying: “Congratulations to the Cardano Foundation for securing this relationship.”

Big News For Cardano

SERPRO, recognized for handling 33 billion transactions annually and managing more than 30.4 petabytes of data across various cloud platforms, is at the core of Brazil’s digital government services. According to the press release, SERPRO provides over 750 active digital solutions, operates the world’s largest digital government platform—gov.br—and serves nearly 90% of Brazil’s federal public administration through a workforce of more than 5,000 specialized technology professionals.

“Our collaboration with SERPRO represents a transformative step in modernising Brazil’s public sector infrastructure through blockchain education and technology. By integrating Cardano’s solutions into SERPRO’s extensive network, we’re enhancing transparency and improving service delivery for millions of citizens,” stated Frederik Gregaard, CEO of Cardano Foundation.

From SERPRO’s perspective, the partnership is poised to strengthen the country’s blockchain capabilities and help drive greater efficiency in government processes. “This partnership represents a significant step forward in bringing blockchain technology to the heart of public sector innovation. By combining SERPRO’s extensive public sector expertise with Cardano’s blockchain infrastructure, we’re positioning Brazil at the forefront of digital government transformation,” said Alexandre Gonçalves de Amorim, Director-President of SERPRO.

The collaboration arrives as Brazil continues to bolster its global standing in digital governance—currently ranked second by the World Bank in terms of digital government maturity. By leveraging Cardano’s expertise, SERPRO aims to enhance the integrity of its data handling and fortify its services against fraud and inefficiencies.

“As part of the government’s strategy, Serpro has been significantly expanding its role in digital transformation, and blockchain is a strategic tool to ensure data integrity and decentralization, mitigating fraud possibilities and increasing state efficiency,” commented Kleber Pereira dos Santos, advisor to the presidency of SERPRO.

A core element of the partnership involves the Cardano Academy program, which will roll out blockchain education and professional development to SERPRO’s 8,000 employees—2,000 of whom are developers. Through masterclasses, workshops, and certification opportunities, the program aims to equip Brazil’s leading government technology provider with a deeper understanding of blockchain’s potential to optimize and secure public services.

“This collaboration with SERPRO demonstrates our commitment to advancing blockchain adoption at the governmental level. Following our successful engagement with Petrobras, this partnership further strengthens our presence in Brazil and showcases the potential for blockchain technology in transforming public services,” added Rafael Fraga, Cardano Foundation LATAM Business Development Lead.

At press time, ADA traded at $0.87.

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